The primary reason players seek a save editor is to bypass the "re-spec" limitations. In Torchlight 3, changing your skills can be costly or restrictive. A save editor allows you to:
You open it, load your hero, and suddenly the Matrix unfolds. You see every stat, every piece of armor, every skill point, and every gold coin broken down into raw data. Torchlight 3 Save Editor
C:\Users\[YourUserName]\Documents\My Games\Torchlight 3\Saved\SaveGames The primary reason players seek a save editor